TD SYNNEX Balance Sheet Health
Financial Health criteria checks 6/6
TD SYNNEX has a total shareholder equity of $8.1B and total debt of $4.0B, which brings its debt-to-equity ratio to 49.5%. Its total assets and total liabilities are $27.8B and $19.7B respectively. TD SYNNEX's EBIT is $1.3B making its interest coverage ratio 5.5. It has cash and short-term investments of $1.0B.
Key information
49.5%
Debt to equity ratio
US$4.01b
Debt
Interest coverage ratio | 5.5x |
Cash | US$1.03b |
Equity | US$8.10b |
Total liabilities | US$19.70b |
Total assets | US$27.80b |
Recent financial health updates
TD SYNNEX (NYSE:SNX) Has A Somewhat Strained Balance Sheet
Sep 27Here's Why TD SYNNEX (NYSE:SNX) Can Manage Its Debt Responsibly
Jun 20Recent updates
TD SYNNEX Corporation (NYSE:SNX) Shares Could Be 43% Below Their Intrinsic Value Estimate
Mar 06TD SYNNEX's (NYSE:SNX) Conservative Accounting Might Explain Soft Earnings
Feb 02Here's What Analysts Are Forecasting For TD SYNNEX Corporation (NYSE:SNX) After Its Annual Results
Jan 30TD SYNNEX (NYSE:SNX) Is Increasing Its Dividend To $0.40
Jan 12TD Synnex Reports A Large Earnings Beat; Stock Attractive At 8.6x 2024 Earnings Estimates
Jan 11A Piece Of The Puzzle Missing From TD SYNNEX Corporation's (NYSE:SNX) Share Price
Jan 04TD Synnex: Demand Environment Needs To Improve For Shareholders To See Better Returns
Dec 26An Intrinsic Calculation For TD SYNNEX Corporation (NYSE:SNX) Suggests It's 35% Undervalued
Nov 29At US$95.29, Is TD SYNNEX Corporation (NYSE:SNX) Worth Looking At Closely?
Nov 06TD Synnex: Wait For Better Price Levels
Oct 07TD SYNNEX (NYSE:SNX) Has A Somewhat Strained Balance Sheet
Sep 27TD Synnex: Dividends, Buybacks, Capital Turnover, All Suggest Plenty Of Cash For Shareholders
Sep 21Is It Time To Consider Buying TD SYNNEX Corporation (NYSE:SNX)?
Jul 26Are Investors Undervaluing TD SYNNEX Corporation (NYSE:SNX) By 48%?
Jul 07TD Synnex: Promising Long-Term Investment Despite Q2 Hurdles
Jul 07Here's Why TD SYNNEX (NYSE:SNX) Can Manage Its Debt Responsibly
Jun 20TD SYNNEX (NYSE:SNX) Is Increasing Its Dividend To $0.35
Mar 31Is Now The Time To Look At Buying TD SYNNEX Corporation (NYSE:SNX)?
Mar 23Financial Position Analysis
Short Term Liabilities: SNX's short term assets ($18.6B) exceed its short term liabilities ($15.3B).
Long Term Liabilities: SNX's short term assets ($18.6B) exceed its long term liabilities ($4.4B).
Debt to Equity History and Analysis
Debt Level: SNX's net debt to equity ratio (36.8%) is considered satisfactory.
Reducing Debt: SNX's debt to equity ratio has reduced from 101.5% to 49.5% over the past 5 years.
Debt Coverage: SNX's debt is well covered by operating cash flow (35.1%).
Interest Coverage: SNX's interest payments on its debt are well covered by EBIT (5.5x coverage).